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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,723 | $167,353-79.3% | $143,797-75.9% | $134,545-74.2% |
| Participation rate | 57.9% | 84.8%-26.9pp | 80.3%-22.4pp | 81.2%-23.3pp |
| Annual return | -17.49% | 0.48%-18.0pp | -0.04%-17.4pp | 418.37%-435.9pp |
| Employer contribution / active EE | $4,584 | $5,620-18.4% | $4,952-7.4% | $4,742-3.3% |
| Participant deferral / active EE | $1,835 | $6,447-71.5% | $5,638-67.5% | $6,401-71.3% |
| Admin fee / account holder | $6,061 | $18,096-66.5% | $14,679-58.7% | $11,431-47.0% |